Estimated median household income in 2007: $75,254
| This zip code: | $75,254 | | Minnesota: | $55,802 |
Nearest zip codes: 55068, 55010, 55124, 55044, 55123, 55306.
Housing units in zip code 55024 with a mortgage: 4,987 (707 second mortgage, 999 home equity loan, 46 both second mortgage and home equity loan)
Houses without a mortgage: 464
Median monthly owner costs for units with a mortgage: $1,816
Median monthly owner costs for units without a mortgage: $493
Residents with income below the poverty level in 2007:
| This zip code: | 3.6% | | Whole state: | 9.5% |
Residents with income below 50% of the poverty level in 2007:
| This zip code: | 1.5% | | Whole state: | 3.9% |
Median number of rooms in houses and condos:
| Here: | 6.9 | | State: | 6.6 |
Median number of rooms in apartments:
| Here: | 3.8 | | State: | 3.7 |
Year house built: |
|
- 1999 to March 2000: 707
- 1995 to 1998: 1,718
- 1990 to 1994: 1,116
- 1980 to 1989: 1,136
- 1970 to 1979: 1,120
- 1960 to 1969: 435
- 1950 to 1959: 291
- 1940 to 1949: 70
- 1939 or earlier: 499
|
|

Bedrooms in owner-occupied houses in Farmington, MN (55024): |
|
- no bedroom: 4
- 1 bedrooms: 95
- 2 bedrooms: 1,053
- 3 bedrooms: 2,964
- 4 bedrooms: 1,837
- 5 or more bedrooms: 379
|
|
Bedrooms in renter-occupied apartments and housing units: |
|
- no bedroom: 18
- 1 bedrooms: 275
- 2 bedrooms: 218
- 3 bedrooms: 74
- 4 bedrooms: 65
- 5 or more bedrooms: 2
|
|
Vehicles available in 55024 zip code in owner-occupied houses/condos: |
|
- no vehicle: 95
- 1 vehicle: 893
- 2 vehicles: 3,666
- 3 vehicles: 1,166
- 4 vehicles: 346
- 5 or more vehicles: 166
|
|
Vehicles available in renter-occupied apartments: |
|
- no vehicle: 94
- 1 vehicle: 363
- 2 vehicles: 106
- 3 vehicles: 54
- 4 vehicles: 13
- 5 or more vehicles: 22
|
|
Estimated household income distribution in 2007:

|
Estimate of home value of owner-occupied houses/condos in 2007 in zip code 55024:
- Less than $10,000: 42
- $10,000 to $14,999: 21
- $15,000 to $19,999: 38
- $20,000 to $24,999: 66
- $25,000 to $29,999: 82
- $30,000 to $34,999: 93
- $35,000 to $39,999: 60
- $40,000 to $49,999: 77
- $50,000 to $59,999: 33
- $60,000 to $69,999: 44
- $70,000 to $79,999: 36
- $80,000 to $89,999: 30
- $90,000 to $99,999: 24
- $100,000 to $124,999: 122
- $125,000 to $149,999: 120
- $150,000 to $174,999: 207
- $175,000 to $199,999: 567
- $200,000 to $249,999: 2,021
- $250,000 to $299,999: 2,516
- $300,000 to $399,999: 2,174
- $400,000 to $499,999: 754
- $500,000 to $749,999: 280
- $750,000 to $999,999: 25
- $1,000,000 or more: 71
|

|
Rent paid by renters in 2007 in zip code 55024:
- $100 to $149: 11
- $150 to $199: 36
- $200 to $249: 3
- $300 to $349: 22
- $350 to $399: 11
- $400 to $449: 38
- $450 to $499: 23
- $500 to $549: 75
- $550 to $599: 62
- $600 to $649: 16
- $650 to $699: 69
- $700 to $749: 31
- $750 to $799: 15
- $800 to $899: 62
- $900 to $999: 51
- $1,000 to $1,249: 172
- $1,250 to $1,499: 19
- No cash rent: 36
|
Median price asked for vacant for-sale houses and condos in 2007: $243,080.
Estimated median house (or condo) value in 2007 for: - White Non-Hispanic householders: $274,551
- Black or African American householders: $469,522
- American Indian or Alaska Native householders: $271,295
- Asian householders: $260,081
- Some other race householders: $248,687
- Two or more races householders: $336,949
- Hispanic or Latino householders: $261,167
Estimated median house or condo value in 2007: $267,381 (it was $148,900 in 2000)
| 55024: | $267,381 | | Minnesota: | $213,600 |
Lower value quartile - upper value quartile: $220,812 - $315,901
Mean price in 2007:
Detached houses: $310,063| Here: | $310,063 | | State: | $270,059 |
Townhouses or other attached units: $181,694| Here: | $181,694 | | State: | $220,268 |
In 2-unit structures: $186,750| Here: | $186,750 | | State: | $280,233 |
In 3-to-4-unit structures: $171,504| Here: | $171,504 | | State: | $204,358 |
In 5-or-more-unit structures: $1,554,270| Here: | $1,554,270 | | State: | $190,214 |
Mobile homes: $28,365| Here: | $28,365 | | State: | $34,666 |
Breakdown of mean house values by ages of householders
|
Housing units in structures:
- One, detached: 5,753
- One, attached: 247
- Two: 97
- 3 or 4: 80
- 5 to 9: 69
- 10 to 19: 77
- 20 to 49: 107
- 50 or more: 119
- Mobile homes: 543

|
Means of transportation to work
- Drove a car alone: 9,421 (83%)
- Carpooled: 1,334 (12%)
- Bus or trolley bus: 86 (1%)
- Motorcycle: 10 (0%)
- Walked: 128 (1%)
- Other means: 68 (1%)
- Worked at home: 309 (3%)
|

|
Travel time to work
- Less than 5 minutes: 257
- 5 to 9 minutes: 989
- 10 to 14 minutes: 1358
- 15 to 19 minutes: 1278
- 20 to 24 minutes: 1492
- 25 to 29 minutes: 1023
- 30 to 34 minutes: 1921
- 35 to 39 minutes: 416
- 40 to 44 minutes: 779
- 45 to 59 minutes: 1179
- 60 to 89 minutes: 261
- 90 or more minutes: 94
|
Percentage of zip code residents living and working in this county: 58.4%
Household type by relationship
Households: 21,102
- In family households: 19,469 (4,901 male householders, 858 female householders)
4,840 spouses, 7,925 children (7,237 natural, 133 adopted, 555 stepchildren), 161 grandchildren, 180 brothers or sisters, 56 parents, 140 other relatives, 408 non-relatives
- In nonfamily households: 1,633 (675 male householders (510 living alone)), 596 female householders (482 living alone)), 362 nonrelatives
- In group quarters: 79 (62 institutionalized population)
Size of family households: 1,682 2-persons, 1,373 3-persons, 1,686 4-persons, 697 5-persons, 243 6-persons, 78 7-or-more-persons.
Size of nonfamily households: 992 1-person, 239 2-persons, 32 3-persons, 8 5-persons.
6,003 married couples with children.
917 single-parent households (270 men, 647 women).
94.5% of residents of 55024 zip code speak English at home.
1.8% of residents speak Spanish at home (66% very well, 12% well, 11% not well, 10% not at all).
1.8% of residents speak other Indo-European language at home (80% very well, 11% well, 9% not well).
1.6% of residents speak Asian or Pacific Island language at home (20% very well, 25% well, 53% not well, 2% not at all).
0.3% of residents speak other language at home (83% very well, 17% well).
Foreign born population: 705 (3.3%)
(43.8% of them are naturalized citizens)
| This zip code: | 3.3% | | Whole state: | 5.3% |
Most common places of birth for the foreign-born residents:
- Thailand (16%)
- Canada (13%)
- Cambodia (8%)
- Korea (8%)
- Laos (7%)
- Mexico (7%)
- Other Eastern Africa (6%)
Year of entry for the foreign-born population |
|
- 1995 to March 2000: 304
- 1990 to 1994: 101
- 1985 to 1989: 113
- 1980 to 1984: 85
- 1975 to 1979: 42
- 1970 to 1974: 15
- 1970 to 1974: 14
- 1965 to 1969: 31
|
|
White population: 20,088
Black population: 157
American Indian population: 79
Asian population: 408
Native Hawaiian and Other Pacific Islander population: 7
Some other race population: 125
Two or more races population: 261

First ancestries reported:
|  German: 6505 |
|  Norwegian: 3003 |
|  Irish: 1596 |
|  Other groups: 1235 |
|  Swedish: 834 |
|  English: 658 |
|  United States or American: 608 |
|  Polish: 494 |
|  French (except Basque): 442 |
|  Dutch: 310 |
|  Italian: 291 |
|  Scottish: 241 |
|  Danish: 240 |
|  Finnish: 177 |
|  French Canadian: 145 |
|  Scotch-Irish: 144 |
|  Scandinavian: 139 |
|  Czech: 134 |
|  European: 110 |
|  Slovak: 70 |
|  Austrian: 66 |
|  Swiss: 58 |
|  Ukrainian: 57 |
|  British: 47 |
|  Greek: 37 |
|  West Indian (excluding Hispanic groups):: 33 |
|  Jamaican: 33 |
|  Subsaharan African:: 32 |
|  African: 32 |
|  Czechoslovakian: 28 |
|  Russian: 26 |
|  Welsh: 26 |
|  Hungarian: 26 |
|  Yugoslavian: 16 |
|  Belgian: 14 |
|  Croatian: 14 |
|  Slavic: 11 |
|  Arab:: 10 |
|  Lebanese: 10 |
|  Luxemburger: 8 |
|  Northern European: 7 |
|  Romanian: 7 |
|  Portuguese: 6 |
|  Icelander: 2 |

Major facitilies with environmental interests located in this zip code:
- B AND B TRANSFORMER (2850 220TH ST in FARMINGTON, MN)
(Integrated Compliance Information System) - ICIS-05-1993-1400, FORMAL ENFORCEMENT ACTION
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND980820138, CESQG, RCRIS-MND980820138,
COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Organizations: BETZ DENNIS (CONTACT/OWNER)
, B & B TRANSFORMER INC (CONTACT/OWNER)
Alternative names: BIB TRANSFORMER
- EMPIRE WASTEWATER TREATMENT PLANT (2540 W. 197TH STREET in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND980618128, CESQG, PCS-MN0045845, NPDES MAJOR, NPDES NON-MAJOR, PCS-MN0045845-SW, GENERAL PERMIT STORM WATER IND, PCS-A00007462, NPDES STORMWATER PERMIT, RCRIS-MND980618128, CESQG
CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
National Pollutant Discharge Elimination System MAJOR (Tracking pollutant discharge elimination systems) - permit
National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Business SIC classification: SEWERAGE SYSTEMS
Business NAICS classification: SEWAGE TREATMENT FACILITIES.; SEWAGE TREATMENT FACILITIES.
Organizations: METROPOLITAN COUNCIL (CONTACT/OWNER)
Alternative names: EMPIRE WWTP, MC-EMPIRE TOWNSHIP, MCES EMPIRE, MCWS-EMPIRE, MET COUNCIL EMPIRE WWTP, METROPOLITAN COUNCIL-EMPIRE, MWCC/MC-EMPIRE TOWNSHIP
- MINNEAPOLIS AIR ROUTE TRAFFIC CONTROL CT (512 DIVISION STREET in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - AIRS-2703700282, AIR PROGRAM, RCRAINFO-MN5690527010, SQG, RCRIS-MN5690527010,
CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Business SIC classification: REGULATION AND ADMINISTRATION OF TRANSPORTATION PROGRAMS
Organizations: FEDERAL AVIATION ADMIN (CONTACT/OWNER)
, FEDERAL AVIATION ADMINISTRATION (CONTACT/OWNER)
Alternative names: FAA DMS SMO ZMP ARTCC
- PERFORMANCE INDUSTRIAL COATING INC (21025 EDMONTON AVE in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRIS-MNS000101147, LQG
Large Quantity Generators, more that 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste))
Organizations: SEMLING DEVELOPMENT (CONTACT/OWNER)
- BLAHAS COLLISION CENTER INC (201 SPRUCE ST in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND981093354, CESQG, RCRIS-MND981093354,
Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Business SIC classification: MOTOR VEHICLE DEALERS (NEW AND USED)
Business NAICS classification: NEW CAR DEALERS.
- NAPA FARMINGTON (210 OAK ST in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND985677178, CESQG, RCRIS-MND985677178,
Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Organizations: CALVERLEY JIM (CONTACT/OWNER)
- F E I INC (5183 212TH ST W in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND982627929, CESQG, RCRIS-MND982627929,
Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Organizations: PELTIER MARK (CONTACT/OWNER)
, FEI INC (CONTACT/OWNER)
Alternative names: FEI INC
- AMCON (957 8TH ST in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND041199084, CESQG, RCRIS-MND041199084,
Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Business SIC classification: GASOLINE SERVICE STATIONS
Business NAICS classification: GASOLINE STATIONS WITH CONVENIENCE STORES.
Organizations: JOHNSON MIKE (CONTACT/OWNER)
, NORTHFIELD AMOCO (CONTACT/OWNER)
- BONGARD TRUCKING INC (20522 AKIN RD in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND982638652, CESQG, RCRIS-MND982638652,
Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Organizations: BONGARD CRAIG (CONTACT/OWNER)
- BLOCKS AUTO SERVICE (805 3RD ST in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND098274574, HAZARDOUS WASTE PROGRAM, RCRIS-MND098274574,
Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Business SIC classification: GENERAL AUTOMOTIVE REPAIR SHOPS
Business NAICS classification: GENERAL AUTOMOTIVE REPAIR.
Organizations: BLOCK CURTIS (CONTACT/OWNER)
, BLOCK S AUTO SERVICE (CONTACT/OWNER)
- PEDERSON AUTO SHOP (101 3RD STREET in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND098417843, CESQG, RCRIS-MND098417843,
Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Business SIC classification: AUTOMOTIVE DEALERS
Organizations: PEDERSEN DOUG (CONTACT/OWNER)
Alternative names: PEDERSEN AUTO SHOP
- PEERLESS PLASTICS INC (510 WILLOW ST in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND006162721, HAZARDOUS WASTE PROGRAM, RCRIS-MND006162721,
Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
Organizations: PEERLESS PLASICS INC (CONTACT/OWNER)
- FAA - MINNEAPOLIS CENTER/ZMP ARTCC (508 DIVISION STREET in FARMINGTON, MN)
STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - PCS-MN0064505, NPDES NON-MAJOR
National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
Organizations: FEDERAL AVIATION ADMINISTRATION (CONTACT/OWNER)
Alternative names: FAA-MPLS CENTER/ZMP ARTCC
Median worth of mobile homes: $27,698
Housing units lacking complete plumbing facilities: 0%
Housing units lacking complete kitchen facilities: 0%
Most commonly used house heating fuel: |
|
|
- Utility gas (88%)
- Bottled, tank, or LP gas (6%)
- Electricity (4%)
- Fuel oil, kerosene, etc. (1%)
- Wood (1%)
|
Place of birth for U.S.-born residents:
- This state: 14301
- Northeast: 344
- Midwest: 3610
- South: 1055
- West: 999
45% of the 55024 zip code residents lived in the same house 5 years ago.
Out of people who lived in different houses, 57% lived in this county.
Out of people who lived in different counties, 60% lived in Minnesota.
Population in 1990: 10,145. Population change in the 1990s: +10,980 (+108.2%).
Year Householders Moved Into Unit:
Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 198
| Here: | 6.2% | | Minnesota: | 11.7% |
Students in private schools in grades 9 to 12 (high school): 31
| Here: | 2.7% | | Minnesota: | 6.8% |
Students in private undergraduate colleges: 176
| Here: | 23.4% | | Minnesota: | 24.6% |
School Enrollment by Level of School
|
Companies with federal contracts located in this zip code:
- POSITIVE IMPACT MARKETING LLC (1775 210TH STREET EAST in FARMINGTON, MN; small business)
$14,954 with Department of Defense for Office Supplies. Signed on 2005-07-08. Completion date: 2005-08-31.
Top industries in this zip code by the number of employees in 2005:
- Accommodation and Food Services: Limited-Service Restaurants (20-49 employees: 3 establishments, 10-19 employees: 5 establishments, 1-4 employees: 4 establishments)
- Construction: Plumbing, Heating, and Air-Conditioning Contractors (50-99: 1, 20-49: 2, 10-19: 1, 5-9: 2, 1-4: 4)
- Utilities: Electric Power Distribution (100-249: 1)
- Health Care and Social Assistance: Nursing Care Facilities (100-249: 1)
- Other Services (except Public Administration): Religious Organizations (20-49: 2, 10-19: 2, 5-9: 2, 1-4: 5)
- Accommodation and Food Services: Full-Service Restaurants (20-49: 2, 10-19: 2, 5-9: 2, 1-4: 3)
- Construction: Framing Contractors (50-99: 1, 5-9: 2, 1-4: 6)
- Administrative and Support and Waste Management and Remediation Services: Landscaping Services (20-49: 1, 10-19: 1, 5-9: 1, 1-4: 18)
Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)
Age and Sex of Physically-Disabled Residents (Noninstitutionalized)
Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)
Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)
Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)
Age and Sex of Residents with Employment Disability (Noninst.)
62 people in orthopedic wards and institutions for the physically handicapped
16 people in homes for the mentally retarded
Home Mortgage Disclosure Act Aggregated Statistics For Year 2007 (Based on 4 full and 10 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| E) Loans on Dwellings For 5+ Families
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) | G) Loans On Manufactured Home Dwelling (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 122 | $209,406 | 992 | $180,408 | 1,085 | $176,430 | 174 | $48,085 | 2 | $1,103,330 | 125 | $159,476 | 13 | $43,537 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 8 | $149,750 | 99 | $178,935 | 240 | $193,130 | 27 | $70,664 | 0 | $0 | 9 | $102,929 | 9 | $75,393 |
| APPLICATIONS DENIED | 11 | $216,232 | 133 | $175,307 | 783 | $196,054 | 84 | $55,538 | 0 | $0 | 41 | $147,343 | 30 | $46,311 |
| APPLICATIONS WITHDRAWN | 3 | $206,087 | 86 | $202,322 | 340 | $207,534 | 34 | $120,357 | 0 | $0 | 12 | $234,655 | 2 | $14,955 |
| FILES CLOSED FOR INCOMPLETENESS | 1 | $259,750 | 8 | $132,874 | 108 | $228,716 | 6 | $96,697 | 0 | $0 | 3 | $378,757 | 0 | $0 |
Aggregated Statistics For Year 2006 (Based on 4 full and 10 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| E) Loans on Dwellings For 5+ Families
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) | G) Loans On Manufactured Home Dwelling (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 113 | $211,692 | 1,549 | $174,254 | 1,527 | $161,281 | 243 | $51,949 | 3 | $1,254,050 | 165 | $152,885 | 17 | $41,423 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 1 | $253,000 | 143 | $169,562 | 352 | $159,822 | 25 | $72,451 | 0 | $0 | 27 | $130,715 | 4 | $75,130 |
| APPLICATIONS DENIED | 13 | $187,738 | 241 | $137,777 | 768 | $184,399 | 91 | $68,794 | 0 | $0 | 42 | $152,416 | 30 | $42,162 |
| APPLICATIONS WITHDRAWN | 6 | $208,245 | 139 | $175,829 | 487 | $190,895 | 34 | $78,419 | 0 | $0 | 23 | $175,722 | 3 | $33,000 |
| FILES CLOSED FOR INCOMPLETENESS | 2 | $217,680 | 49 | $170,063 | 142 | $230,955 | 3 | $42,033 | 0 | $0 | 10 | $187,579 | 0 | $0 |
Aggregated Statistics For Year 2005 (Based on 4 full and 10 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| E) Loans on Dwellings For 5+ Families
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) | G) Loans On Manufactured Home Dwelling (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 99 | $197,235 | 1,720 | $156,986 | 1,863 | $180,542 | 253 | $60,508 | 7 | $1,890,157 | 195 | $137,892 | 24 | $49,632 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 4 | $179,888 | 185 | $148,172 | 269 | $157,848 | 20 | $55,909 | 0 | $0 | 21 | $131,274 | 21 | $40,339 |
| APPLICATIONS DENIED | 5 | $240,154 | 271 | $141,217 | 756 | $179,968 | 111 | $79,601 | 1 | $115,000 | 55 | $151,920 | 67 | $36,881 |
| APPLICATIONS WITHDRAWN | 3 | $213,707 | 160 | $178,703 | 672 | $204,474 | 64 | $143,246 | 0 | $0 | 34 | $161,104 | 3 | $40,983 |
| FILES CLOSED FOR INCOMPLETENESS | 1 | $279,290 | 51 | $167,880 | 223 | $207,086 | 12 | $30,943 | 0 | $0 | 8 | $138,184 | 0 | $0 |
Aggregated Statistics For Year 2004 (Based on 4 full and 10 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| E) Loans on Dwellings For 5+ Families
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) | G) Loans On Manufactured Home Dwelling (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 217 | $181,709 | 1,714 | $175,077 | 1,942 | $172,705 | 206 | $56,539 | 2 | $1,587,335 | 104 | $167,306 | 32 | $38,167 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 7 | $187,659 | 171 | $153,539 | 319 | $174,922 | 33 | $75,465 | 0 | $0 | 12 | $165,920 | 36 | $38,639 |
| APPLICATIONS DENIED | 4 | $179,103 | 205 | $135,489 | 778 | $168,796 | 134 | $55,814 | 0 | $0 | 46 | $164,823 | 69 | $42,117 |
| APPLICATIONS WITHDRAWN | 6 | $182,973 | 133 | $165,136 | 546 | $186,355 | 40 | $73,046 | 0 | $0 | 8 | $127,235 | 8 | $40,481 |
| FILES CLOSED FOR INCOMPLETENESS | 3 | $195,907 | 41 | $148,958 | 192 | $192,651 | 13 | $72,660 | 0 | $0 | 9 | $185,261 | 0 | $0 |
Aggregated Statistics For Year 2003 (Based on 4 full and 10 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| E) Loans on Dwellings For 5+ Families
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 345 | $179,110 | 1,773 | $175,368 | 4,420 | $160,086 | 250 | $29,536 | 3 | $1,027,000 | 123 | $145,181 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 14 | $188,989 | 129 | $149,006 | 416 | $157,503 | 22 | $41,677 | 0 | $0 | 15 | $112,658 |
| APPLICATIONS DENIED | 14 | $180,736 | 176 | $123,852 | 905 | $152,121 | 99 | $22,983 | 0 | $0 | 24 | $166,965 |
| APPLICATIONS WITHDRAWN | 14 | $189,086 | 115 | $177,633 | 710 | $162,715 | 20 | $43,752 | 0 | $0 | 5 | $119,490 |
| FILES CLOSED FOR INCOMPLETENESS | 10 | $195,665 | 32 | $175,498 | 152 | $161,346 | 5 | $36,750 | 0 | $0 | 2 | $121,500 |
Aggregated Statistics For Year 2002 (Based on 2 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 4 | $153,503 | 34 | $169,673 | 79 | $171,527 | 6 | $27,875 | 3 | $142,360 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 0 | $0 | 4 | $126,110 | 6 | $195,873 | 0 | $0 | 0 | $0 |
| APPLICATIONS DENIED | 0 | $0 | 4 | $226,173 | 9 | $162,880 | 1 | $18,340 | 1 | $47,400 |
| APPLICATIONS WITHDRAWN | 0 | $0 | 5 | $198,020 | 11 | $165,789 | 0 | $0 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 1 | $211,530 | 5 | $237,820 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2001 (Based on 2 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 4 | $141,763 | 18 | $180,743 | 73 | $142,393 | 10 | $37,296 | 1 | $88,550 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 0 | $0 | 1 | $192,300 | 6 | $118,433 | 0 | $0 | 0 | $0 |
| APPLICATIONS DENIED | 1 | $135,050 | 2 | $183,130 | 13 | $153,975 | 3 | $22,510 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 0 | $0 | 3 | $151,900 | 16 | $134,719 | 2 | $34,660 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 0 | $0 | 5 | $172,440 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2000 (Based on 2 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 2 | $126,560 | 14 | $157,926 | 17 | $102,041 | 10 | $27,771 | 1 | $201,690 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 0 | $0 | 3 | $134,310 | 2 | $160,320 | 1 | $10,290 | 0 | $0 |
| APPLICATIONS DENIED | 2 | $102,855 | 1 | $90,780 | 5 | $133,982 | 3 | $11,180 | 1 | $87,650 |
| APPLICATIONS WITHDRAWN | 0 | $0 | 4 | $118,173 | 13 | $121,122 | 1 | $8,940 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 1 | $156,970 | 3 | $141,910 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 1999 (Based on 1 full and 3 partial tracts)
|
| A) FHA, FSA/RHS & VA Home Purchase Loans | B) Conventional Home Purchase Loans | C) Refinancings
| D) Home Improvement Loans
| F) Non-occupant Loans on < 5 Family Dwellings (A B C & D) |
| Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 195 | $136,838 | 650 | $120,376 | 603 | $96,252 | 163 | $20,344 | 25 | $74,508 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 7 | $142,600 | 55 | $87,682 | 109 | $85,983 | 34 | $19,610 | 3 | $82,383 |
| APPLICATIONS DENIED | 9 | $130,291 | 153 | $62,654 | 243 | $76,406 | 74 | $20,197 | 7 | $85,340 |
| APPLICATIONS WITHDRAWN | 7 | $127,656 | 40 | $139,381 | 177 | $102,410 | 19 | $46,208 | 1 | $72,940 |
| FILES CLOSED FOR INCOMPLETENESS | 4 | $131,570 | 15 | $102,540 | 37 | $108,537 | 5 | $17,274 | 1 | $93,730 |
Private Mortgage Insurance Companies Aggregated Statistics For Year 2007 (Based on 4 full and 10 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 320 | $217,154 | 132 | $238,355 | 18 | $200,473 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 36 | $198,796 | 30 | $260,873 | 2 | $270,885 |
| APPLICATIONS DENIED | 5 | $160,622 | 4 | $234,958 | 3 | $214,333 |
| APPLICATIONS WITHDRAWN | 19 | $244,615 | 14 | $305,856 | 3 | $152,333 |
| FILES CLOSED FOR INCOMPLETENESS | 1 | $263,260 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2006 (Based on 4 full and 10 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 224 | $226,632 | 86 | $240,876 | 13 | $199,102 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 18 | $244,683 | 19 | $214,798 | 2 | $167,000 |
| APPLICATIONS DENIED | 4 | $175,910 | 5 | $429,118 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 10 | $265,625 | 6 | $275,743 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2005 (Based on 4 full and 10 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 183 | $221,305 | 97 | $226,755 | 13 | $200,158 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 15 | $239,609 | 24 | $209,641 | 0 | $0 |
| APPLICATIONS DENIED | 2 | $167,500 | 1 | $316,000 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 7 | $216,226 | 15 | $228,057 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2004 (Based on 4 full and 10 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 311 | $213,674 | 145 | $208,307 | 13 | $147,194 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 39 | $211,419 | 61 | $194,386 | 4 | $177,500 |
| APPLICATIONS DENIED | 6 | $167,555 | 0 | $0 | 2 | $175,665 |
| APPLICATIONS WITHDRAWN | 15 | $201,688 | 13 | $218,477 | 4 | $234,190 |
| FILES CLOSED FOR INCOMPLETENESS | 2 | $262,630 | 7 | $175,406 | 1 | $123,000 |
Aggregated Statistics For Year 2003 (Based on 4 full and 10 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 559 | $201,124 | 486 | $194,598 | 31 | $151,688 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 43 | $193,636 | 100 | $183,671 | 2 | $134,000 |
| APPLICATIONS DENIED | 12 | $179,907 | 3 | $169,333 | 3 | $147,630 |
| APPLICATIONS WITHDRAWN | 1 | $216,890 | 6 | $227,200 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 18 | $219,163 | 18 | $196,222 | 1 | $252,000 |
Aggregated Statistics For Year 2002 (Based on 2 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 17 | $187,955 | 4 | $152,608 | 1 | $202,130 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 0 | $0 | 0 | $0 | 0 | $0 |
| APPLICATIONS DENIED | 0 | $0 | 0 | $0 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 1 | $250,430 | 1 | $180,670 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2001 (Based on 2 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
|
| Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 2 | $181,565 | 2 | $149,140 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 0 | $0 | 0 | $0 |
| APPLICATIONS DENIED | 0 | $0 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 0 | $0 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 2000 (Based on 2 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
|
| Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 4 | $148,470 | 1 | $118,960 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 0 | $0 | 0 | $0 |
| APPLICATIONS DENIED | 0 | $0 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 0 | $0 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 0 | $0 | 0 | $0 |
Aggregated Statistics For Year 1999 (Based on 1 full and 3 partial tracts)
|
| A) Conventional Home Purchase Loans | B) Refinancings
| C) Non-occupant Loans on < 5 Family Dwellings (A & B) |
| Number | Average Value | Number | Average Value | Number | Average Value |
| LOANS ORIGINATED | 220 | $148,134 | 113 | $126,718 | 3 | $134,220 |
| APPLICATIONS APPROVED, NOT ACCEPTED | 11 | $161,171 | 12 | $131,986 | 0 | $0 |
| APPLICATIONS DENIED | 1 | $182,660 | 2 | $169,615 | 0 | $0 |
| APPLICATIONS WITHDRAWN | 8 | $134,355 | 2 | $147,330 | 0 | $0 |
| FILES CLOSED FOR INCOMPLETENESS | 2 | $174,840 | 1 | $165,900 | 0 | $0 |
Conventional Home Purchase Loans
Conventional Home Purchase Loans - Value
Back to Farmington, MN, Dakota County, MN, Minnesota bigger cities, Minnesota smaller cities, Minnesota smallest towns, All U.S. cities.
|